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Vale (NYSE:VALE – Get Free Report) issued its quarterly earnings results on Thursday. The basic materials company reported $0.50 EPS for the quarter, topping the consensus estimate of $0.34 by $0.16. The company had revenue of $8.80 billion during the quarter, compared to analysts’ expectations of $9.54 billion. Vale had a net margin of 14.23% and a return on equity of 18.58%.
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Vale (NYSE:VALE) Issues Earnings Results
